College ROI for Students in Itasca County, MN

Is college worth it in Itasca County? Here's the financial analysis.

Public In-State/yr

$20,468

Public Out-of-State/yr

$35,966

Private/yr

$51,366

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$81,872
Annual Earnings Premium$41,575
Payback Period2 years

20-Year Net Return$749,628

4-Year Private University

Total Cost (4 yrs)$205,464
Annual Earnings Premium$47,811
Payback Period4.3 years

20-Year Net Return$750,761

About Itasca County, Minnesota

Itasca County in Minnesota has a median household income of $63,962 and a population of 45,054. The college earnings premium in this region makes a public university degree pay back in approximately 2 years.

These estimates use regional cost and earnings data. Actual ROI varies enormously by major, institution, completion rate, and career path. Our Monte Carlo simulation models degree-specific outcomes, student loan scenarios, and alternative investment paths.

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Other Counties in Minnesota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: NCES IPEDS, College Scorecard, Bureau of Labor Statistics. Estimates based on regional data. This is not financial advice.